MGElec SRL
2.4 FTEMGElec reported total assets of 911,593 € at the end of the 2025 financial year (annual accounts filed with the NBB on 30 Sep 2026), with 2.4 full-time equivalents.
The score of MGElec shows with a free account.
See the score- Summary? / 5
- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
Visible once signed in: create your account, the 14-day Pro trial is free.
Key figures 2025
Change 2022 → 2025: Equity +923 % Total assets +481 % Headcount (avg FTE) +700 %
Accounts of the company itself (not consolidated).
The full file covers 4 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
MGElec's annual accounts
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Net result | 118,597 € | |||
| Equity | 260,027 € | |||
| Cash | 306,964 € | |||
| EBITDA | 232,700 € | |||
| Total assets | 911,593 € |
Filed annual accounts
- Year ended 31 Dec 2025filed on 30 Sep 2026
- Year ended 31 Dec 2024filed on 05 Sep 2025
- Year ended 31 Dec 2023filed on 29 Aug 2024
- Year ended 31 Dec 2022filed on 17 Aug 2023
MGElec's financial analysis
- Solvency28.5%sector median: 31.2%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of MGElec
MGElec's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0778.960.181
- VAT number
- BE0778960181
- Peppol
- Registered · 0208:0778960181 · as of 10 Nov 2026
- Legal form
- SRL
- Incorporated
- 22 Dec 2021
- Registered office
- 5555 Bièvre
- Size
- Micro · 2.4 FTE
- Latest accounts
- 2025 · filed on 30 Sep 2026
- Activity
- Production of electricity from non-renewable sources (NACE 35110)
MGElec (SRL) has been based in Bièvre since 2021, active in: production of electricity from non-renewable sources. For 2025, it reports a net profit of 118,597 € and equity of 260,027 €; its revenue is not published. With 2.4 full-time equivalents, it is a micro-enterprise by headcount. Its solvency stands at 28.5%, below the median of its sector (31.2%).
Companies similar to MGElec
Companies in the same business, of comparable size and area, outside its group.
- Elek VDS Electrical installation Sint-Lievens-Houtem · balance sheet 745,480 €
- Epsilon Solar Energy Production of electricity from non-renewable sources Mont-Saint-Guibert · balance sheet 789,414 €
- MAES Production of electricity from non-renewable sources Genk · balance sheet 399,954 €
- Energized Electrical installation Eeklo · balance sheet 349,661 €
- Helexia Développement International Production of electricity from non-renewable sources Auderghem · balance sheet €1.67m
- Greenstyle Production of electricity from non-renewable sources Hooglede · balance sheet €1.34m
- Letswatt Production of electricity from non-renewable sources Beringen · balance sheet 604,347 €
- SolarPulse VI Production of electricity from non-renewable sources Turnhout · balance sheet €1.59m
Frequently asked questions about MGElec
What is the revenue of MGElec?
MGElec files its accounts in a format where revenue is optional: it is not published for 2025.
What is the VAT number of MGElec?
In Belgium, the VAT number is the company number prefixed with BE: BE0778960181 for MGElec, if the company is VAT-registered. Its company number (CBE) is 0778.960.181.
Where is the registered office of MGElec?
According to the CBE register, the registered office of MGElec is in 5555 Bièvre.
What is the equity of MGElec?
At the close of the 2025 financial year, the equity of MGElec amounts to 260,027 €, a solvency of 28.5% of total assets.
How many people work at MGElec?
2.4 full-time equivalents on average according to the 2025 social balance sheet.
Who manages MGElec?
The register lists 1 active mandates at MGElec. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
The full file of MGElec
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
Open the full file →